Gold Could Correct In Short Term But Hit $1,250 By Year End: Capital EconMark Melin
Gold looks vulnerable to a short correction, a report from Capital Economics says, but the longer-term, year-end forecast is in place and the store of value could ultimately rise in value.
Gold has three primary performance drivers
There are many factors driving the price of the yellow metal, Capital Economics Head of Commodities Research Julian Jessop noted. In a Feb. 19 report titled “Can gold rally even if Treasury yields rebound?” he considered the primary fundamental factors driving pricing. At different moments in time certain factors play a more significant role than at other moments.
Typically gold’s . . .
This content is exclusively for paying members. Sign up here
If you are subscribed and having an account error please clear cache and cookies if that does not work email firstname.lastname@example.org or click chat